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Fort Gratiot Plaza 4025-4141 24th Ave

31,080 SF of Retail Space Available in Fort Gratiot, MI 48059

Sublease Highlights

  • Former Gander Outdoors

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 31,080 SF
  • Negotiable
  • $12.76 CAD/SF/YR $1.06 CAD/SF/MO $137.32 CAD/m²/YR $11.44 CAD/m²/MO $33,041 CAD/MO $396,495 CAD/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

Former Gander Outdoors, conjoined within a larger community center, the Property sits just north of Kraft Road facing the high traffic 24th Ave in Fort Gratiot, Michigan.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning
Space Size Term Rental Rate Rent Type
1st Floor 31,080 SF Negotiable $12.76 CAD/SF/YR $1.06 CAD/SF/MO $137.32 CAD/m²/YR $11.44 CAD/m²/MO $33,041 CAD/MO $396,495 CAD/YR Triple Net (NNN)

1st Floor

Size
31,080 SF
Term
Negotiable
Rental Rate
$12.76 CAD/SF/YR $1.06 CAD/SF/MO $137.32 CAD/m²/YR $11.44 CAD/m²/MO $33,041 CAD/MO $396,495 CAD/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

Former Gander Outdoors, conjoined within a larger community center, the Property sits just north of Kraft Road facing the high traffic 24th Ave in Fort Gratiot, Michigan.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT Fort Gratiot Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • CSL Plasma
  • Health Care
  • 369
  • International
  • Famous Footwear
  • Shoes
  • 1,273
  • International
  • Harbor Freight Tools
  • Hardware
  • 1,862
  • National
  • Party City
  • Card/Gifts
  • 1,262
  • International
  • T.J. Maxx
  • Other Retail
  • 1,720
  • International
  • Verizon Wireless
  • Wireless Communications
  • 8,722
  • International
Tenant Description US Locations Reach
CSL Plasma Health Care 369 International
Famous Footwear Shoes 1,273 International
Harbor Freight Tools Hardware 1,862 National
Party City Card/Gifts 1,262 International
T.J. Maxx Other Retail 1,720 International
Verizon Wireless Wireless Communications 8,722 International

PROPERTY FACTS FOR 4025-4141 24th Ave , Fort Gratiot, MI 48059

Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 154,000 SF
Total Land Area 8.76 AC
Year Built/Renovated 1980/1999
Parking Ratio 3.78/1,000 SF
Cross Streets Kraft Rd & 24th Ave (M-25)

About the Property

Property is located in a busy retail corridor in Fort Gratiot, Michigan.

  • Pylon Sign

Nearby Major Retailers

Rent-A-Center
ALDI
Olive Garden Italian Rstrnt
Starbucks
Huntington Bank
Buffalo Wild Wings
Planet Fitness
Big Boy
Kroger
BIGGBY Coffee
  • Listing ID: 18099734

  • Date on Market: 2020-01-07

  • Last Updated:

  • Address: 4025-4141 24th Ave, Fort Gratiot, MI 48059

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